We crossed and remained below 1087s, in addition multiple rejections at 1092/95 resistance only confirms further bearish bias for us. We have target at 1072s (200ma) with strong support around 1079/80s (100ma). Risk adjusted to 1092s and will revise shortly.
USD flying high and equities stabilizing slowly; however, still fragile...keep a short-term view bias in the Gold market, anything could happen...
Happy Trading!
USD flying high and equities stabilizing slowly; however, still fragile...keep a short-term view bias in the Gold market, anything could happen...
Happy Trading!